Cash Discount - Law Dictionary Search Results

amount payable to a dealer as consideration for the sale of any goods, less any sum allowed as cash discount according to the practice normally prevailing in the trade, but inclusive of any sum charged for anything done … payable to a dealer as valuable consideration for the sale of any goods, less any sum allowed as cash discount according to ordinary trade practice but including any sum charged for anything done by the dealer in respect

Wholesale cash price

Matched in: Term Wholesale cash price

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Bank Rate

Rate. The minimum rate of discount charged for the time being by the Bank of England for discounting, cashing before due date the bills of certain approved mercantile houses. The bank rate is declared usually once a

Prize amount

discount proportionate to the fraction of the ticket, and when the prize amount is payable otherwise than in cash, the value of the prize amount shall be the value at the time when it becomes payable. [Chit

Purchase price

consideration paid or payable by a person for the purchase of any goods, less any sum allowed as cash discount, commission or commercial rebates granted at the time of, or before delivery of such charges, or any sum

Dealership agreement

favour of dealers. Dealer is required to make full payment of goods purchased by him forthwith and given cash discount as per length of period of payment. Agreement held to be a dealership agreement and not an agency

discount

Matched in: Term discount

Loan societies

to impose. Thus the bank does not suffer any loss of interest as a result of carrying excessive cash which is necessary in the case of cash credits and overdrafts. Loan accounts are said to have a … loan can be granted until the first is repaid. The society is permitted to receive by way of discount, at the time of the loan, interest under its enrolled rules, not exceeding 12l. per cent. and to

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